Expect Status Quo From RBI Policy: Nomura

Sep 19 2013

September 19: Sonal Varma, ED and India Economist at Nomura (India), says growth is always on the table when it comes to monetary policy, but inflation is very high at the moment. So market will be watching how RBI will approach growth dilemma despite inflation being high, she says, adding that the RBI does not have the ability to support growth at the moment.